CUBE Q3 2018 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

Q3 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$153M+6.6% YoY

Gross Profit

$105M68.2% margin

Operating Income

$60M38.9% margin

Net Income

$43M28.0% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$79M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$1.9B

Stockholders' Equity

$1.7B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$144M	+6.6%
Gross Profit	$105M	$97M	+8.2%
Operating Income	$60M	$52M	+14.0%
Net Income	$43M	$37M	+15.0%